ST Alpha - "Correct, but the credit was also increased for the current tax year. -- (edited)" (Reading a Post)

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In response to "but this is basically an advance from the credit on next year's taxes, right? -- nm" by prayformojo

Correct, but the credit was also increased for the current tax year. -- (edited)

Posted by znufrii Jul 15 '21, 07:10

Because the payments are starting mid-year they only cover about half of the expanded credit this year.

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